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Leadenhall Triangle Triumph

Following Newton Perkins’ report last year,
developer Henderson Global Investors’ scheme for a 1 million sq ft building on
the Leadenhall Street Triangle site has been given a recommendation by the
City’s Planning Officer.

The scheme faced objections from several quarters including
local publicans, residents, and The Victorian Society. However Planning Officer, Peter Rees, gave the plans his backing, stating that "the
building would become a leading financial and business centre as well as
providing significant employment". Rees also stated he believes that any
detrimental impact would be minimal and well within BRE guidelines.

The re-development is estimated to cost around £400 million with nearly 900,000 sq
ft of office space in a linked, tiered building of between 7 and 34 floors.
This is supplemented by a further 20,000 sq ft of shops and residential space.
The Leadenhall triangle site consists of 49 Leadenhall St, 22 Billiter St, 109-114 Fenchurch St
and 9-13 Fenchurch Buildings.